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Property profile & analytics
OFF-MARKET
Estimated value
$4,350,000
Investment properties
119 Brg St Bradenton Beach, FL 34217-2452
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-1696206
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
2018
Construction
WOOD FRAME
Total area
5,673 SF
Lot
0.23 ac (10,000 SF)
Zoning code
BB_C-2,BB_R-1
APN
77377.0005-9
UPID
US18-1696206
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Pane e Amore Italian Cafe Restaurant
-
Basic 'Wiches Food Market Restaurant
-
Shore Thing Tiki Cruises Tour Operator (Bike/Boat/Book/etc) Store
-
Casa Sebas Homestay
-
Come-N-Go Rentals Golf Cart Dealer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.16M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.73M
Blend (final)
Blend
$4.35M
Owner & transaction history
Sk Ami LLC · 4 yrs held
Sk Ami LLC
since 2022
Last sale
$5.3M
7 recorded transactions
Zoning & alternative use
BB_C-2,BB_R-1 · Bradenton Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.0M
+204.6%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Bradenton Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bradenton Beach submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$4,215,000
ML approach
$4,155,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$4,965,000
Change: +205% · Conversion: Difficult
Blend value · Realmo final
$4.35M
Range $3.92M – $4.79M · ±10% · vs last sale $5.32M (Apr 1 2022)
Last sale anchor
$5.32M
Apr 1 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$767 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$46,460
Tax year 2023
Assessed value
$2,835,239
Assessed 2023
Previous assessed
$2,835,239
+0.0% YoY
Effective rate
1.64%
On assessed value
Assessed land
$637,500
Assessed improvement
$2,197,739
Land market value
$637,500
Improvement market value
$2,197,739
Total market value
$2,835,239
Applied tax rate
25.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
2018
Construction
WOOD FRAME
Heating
NONE
Cooling
YES
Stories
1
Units
1
Bathrooms
1
Total area
5,673 SF
Lot
0.23 ac (10,000 SF)
Zoning code
BB_C-2,BB_R-1
APN
77377.0005-9
UPID
US18-1696206
Jurisdiction
MANATEE
Zoning & alternative use
BB_C-2,BB_R-1 · Bradenton Beach, FL
Zoning BB_C-2,BB_R-1 · permitted uses
BB_C-2,BB_R-1 · Bradenton Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bradenton Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$5.0M
RESTAURANT
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2018
Construction
WOOD FRAME
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
Sk Ami LLC
Entity
Mailing address
3230 E BAY DR #308, HOLMES BEACH, FL 34217-2039
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 1, 2022
$5,320,000
Sk Ami LLC
Murphy Property Group LLC
Warranty Deed
$1,820,000 · Murphy Property Group LLC
Oct 17, 2019
—
Murphy Property Group LLC
—
Deed
related
$1,000,000 · Centerstate Bank
Oct 22, 2018
—
Murphy Property Group LLC
—
Deed
related
$550,000 · Premier Cmnty Bk/fl
May 12, 2017
—
Murphy Property Group LLC
—
Grant Deed
related
$3,600,000 · Premier Cmnty Bk/fl
Jan 15, 2010
$386,000
Murphy Property Group LLC
Brasota Mortgage Co Corp
Grant Deed
—
May 6, 2008
—
Brasota Mortgage Co INC
Morrison,gloria M
Quit Claim Deed
related
—
Mar 27, 1998
$150,000
Tyglo Services INC
Brasota Mortgage Co INC
Grant Deed
$150,000 · Brasota Mortgage Co INC
—
—
Murphy Property Group LLC
—
Deed Of Trust
related
$550,000 · Premier Cmnty Bk/fl
—
—
Tyglo Services INC
—
Loan Modification
related
$177,240 · Manatee River Cmnty Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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